For Sale
$1,249,000

1746 California AveChicago, IL 60647

Turn-key 3-unit apartment building, Chicago.

Overview

Added:
Dec 11, 2024
Days on market:
118
This meticulously renovated Class A, three-unit apartment building presents a compelling investment opportunity in Chicago's desirable South Logan Square neighborhood. Located just 150 feet from the 606 Trail, this property comprises two buildings totaling 3,948 square feet on a 2,500 square foot lot. The front building features a 2-bedroom, 2-bathroom simplex unit with an ensuite master bath and a spacious 3-bedroom, 3-bathroom duplex unit, both boasting 10-foot ceilings and upscale finishes. The rear coach house, a charming two-story structure, offers 3 bedrooms and 2.5 bathrooms, including an ensuite master bath and expansive first-floor living space. All units include in-unit washer/dryers, custom cabinets, quartz countertops, and custom tile work. Extensive renovations completed in 2024 encompass new Hardie board and vinyl siding, a new concrete sidewalk and patio, a new metal deck, and completely updated mechanicals, electrical, plumbing, and insulation. This stabilized investment property, built in 1890, offers strong cash flow potential and is situated near restaurants, parks, and less than half a mile from the Blue Line CTA on California Avenue. The asking price is $1,249,000, representing $416,333 per unit and $316.36 per square foot. The property features fee simple ownership and is located at 1746 N California Ave, Chicago, IL 60647 (APN: 13363230230000).

Highlights

  • Class A, three-unit apartment building in desirable South Logan Square, Chicago.
  • Two buildings totaling 3,948 square feet on a 2,500 square foot lot, 150 feet from the 606 Trail.
  • Front building features a 2-bed/2-bath simplex and a spacious 3-bed/3-bath duplex, both with 10-foot ceilings and upscale finishes.
  • Rear coach house offers 3 beds/2.5 baths.
  • All units include in-unit laundry, custom cabinets, quartz countertops, and custom tile work.
  • 2024 renovations include new Hardie board and vinyl siding, concrete sidewalk and patio, and metal deck.

Property Details for 1746 California Ave

Property type
Apartment buildings
Square Feet
3,948 SF
Class
A
Year Built/Renovated
1890/2024
Buildings
2
Stories
3
Units
3

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9134482
Longitude
-87.6973133
1746 California Ave, Chicago, Illinois

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1746 California Ave
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